Review the following transactions (Cick the icon to view the transactions) Requirements 1. Prepare headings for a cash receipts journall Jounalize the transactions that should be recorded in the cash receipts journal 2. Total each column of the cash recelpts journal Requirements 1 &2.Propare headings for a cash receipts journal. Journalize the transactions that should be recorded in the cash receipts journal Total each column of the cash receipts journal (If a box is not used in the journal leave the box empty, do not select infomation and do not enter a zero Abbreviations used Disc Discount, Acct -Accounts, Pay Payable, Rec-Recelrable, Rev.-Revenue, Oth-Other, COGS Cost of Goods Sold, Mer Merchandise, Inv.- Inventory, and Sls Dsc. Forf Sales Discounts Forfeted) More Into COGS DA Mer Date 1 Account Credted PR Cash DR Acdt Rec CR Sales Rev CR Sls Dsc. Forf CR O Act CR nw CR Feb 1 Sold merchandise inventory on account, terms n/30, to Cole Co $1,050 Cost of goods, $860. Invoice no. 401 6Sold merchandise inventory for cash, $950 (cost, $750) 12 Collected interest revenue of $170 5 Recelved cash from Cole Co. in full settlement of its account 20 Sold merchandise inventory on account, terms n/30 to Dump Co. ssuing involce no. 402 for $500 (cost, 5325) 22 Sold merchandise inventory for cash, $600 (cost $530) 26 Sold office supplies to an employee for cash of $150 28 Received $500 from Dump Co. in full settlement of its account Feb 2Totls Print Done Choose trom any list or enter any number in the input flelds and then click Check Answer Clear All Check